LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 20, 2015 TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3951 by Huberty (Relating to the eligibility of persons to participate in an ad valorem tax sale of real property; creating a criminal offense.), As Engrossed No fiscal implication to the State is anticipated. The bill would amend the Tax Code and the Civil Practice and Remedies Code to permit certain county assessor-collectors to require an individual to register as a bidder before a sale begins in order to be eligible to bid at a sale of real property. Under the provisions of the bill, a county assessor-collector would be required to issue a written registration statement to an individual who registers as a bidder. The bill puts forth requirements of an officer conducting a sale of real property.The bill would modify an offense under Section 34.0445, Civil Practice and Remedies Code to include the written registration statement issued to an individual as put forth by provisions of the bill. An offense under the section is a Class B misdemeanor. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KVe, EK, KK, SD, ESi
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 20, 2015
TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3951 by Huberty (Relating to the eligibility of persons to participate in an ad valorem tax sale of real property; creating a criminal offense.), As Engrossed
TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3951 by Huberty (Relating to the eligibility of persons to participate in an ad valorem tax sale of real property; creating a criminal offense.), As Engrossed
Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB3951 by Huberty (Relating to the eligibility of persons to participate in an ad valorem tax sale of real property; creating a criminal offense.), As Engrossed
HB3951 by Huberty (Relating to the eligibility of persons to participate in an ad valorem tax sale of real property; creating a criminal offense.), As Engrossed
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Tax Code and the Civil Practice and Remedies Code to permit certain county assessor-collectors to require an individual to register as a bidder before a sale begins in order to be eligible to bid at a sale of real property. Under the provisions of the bill, a county assessor-collector would be required to issue a written registration statement to an individual who registers as a bidder. The bill puts forth requirements of an officer conducting a sale of real property.The bill would modify an offense under Section 34.0445, Civil Practice and Remedies Code to include the written registration statement issued to an individual as put forth by provisions of the bill. An offense under the section is a Class B misdemeanor.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, KVe, EK, KK, SD, ESi
UP, KVe, EK, KK, SD, ESi